McDermott Edward Aloysious III 4

4 · Verano Holdings Corp. · Filed Mar 11, 2025

Form 4

Period: 2025-03-07

Chief Operating Officer

Transactions

Sale
Class A Subordinate Voting Shares
2025-03-10$0.65/sh−7,692$5,001→ 135,634 total
Exercise/Conversion
Class A Subordinate Voting Shares
2025-03-07+30,767→ 127,405 total
Exercise/Conversion
Class A Subordinate Voting Shares
2025-03-07+15,921→ 143,326 total
Exercise/Conversion
Restricted Stock Units
2025-03-07−24,307→ 244,745 total
Exercise: $0.00→ Class A Subordinate Voting Shares (24,307 underlying)
Exercise/Conversion
Restricted Stock Units
2025-03-07−46,972→ 269,052 total
Exercise: $0.00→ Class A Subordinate Voting Shares (46,972 underlying)

Footnotes (7)

[F1]This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
[F2]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 5, 2023. All shares were sold at a price of $0.6501.
[F3]The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of June 1, 2024 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.
[F4]The restricted stock units disposed in this transaction settled on March 7, 2025.
[F5]The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 30,767 Class A subordinate voting shares.
[F6]The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on September 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of June 1, 2024 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.
[F7]The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 15,921 Class A subordinate voting shares.

Documents

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